How to Practice Financial Self-Care

A more holistic approach to dealing with money can help ensure you use it wisely.

By Stacy Rapacon

"Financial self-care, like general self-care, can mean different things to different people. But the gist is about taking the time to focus on your finances and figure out how your money best fits into your life."

That doesn't just mean spending money on what makes you happy today. It means building a financial plan that can help you achieve the life you want. "Financial self-care is a practice that needs to be crafted around principles of balance, sustainability and empowerment," says Jennifer Navarro-Marroquin, a licensed financial professional and founder of Claiming Prosperity, a financial education and counseling organization in San Francisco. "The practice you create ultimately needs to move you toward your defined money goals while at the same time cultivating an overall good feeling about your money."

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Financial Trauma Is A Reality For One Third Of Millennials, This Expert Explains How To Recover

By Brianna Wiest

"People have intense stress, paranoia, expectations, fears and concepts about money and finances, in a way that almost nothing else can compare. Money can equate to security, safety, status, or power. Money can be interpreted as worthiness. There are so many unconscious ideas embedded in our relationship to money, that it only makes sense that financial trauma is pervasive, yet goes largely unaddressed."

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Take A Self Love Quiz: Do You Love Yourself Unconditionally?

Created by evelynlimcoach

Do you love yourself unconditionally?

Do you face challenges with accepting yourself completely – warts, moles, blemishes and all?

Well, when I first started on my healing journey, I have had little idea that I had challenges with loving myself in the first place. I was not very conscious back then.

It’s the reason why I created the Self-Love Quiz after gaining some important insights. I had hoped that it could help someone else out there too…..and…judging from previous feedback, it did!

Hence, if you are wondering how the relationship with yourself is like, take the Self Love Quiz below…

Healing Money Wounds & Financial Trauma

By Shannon Myers, M.S., CRC, CMHIMP

"Money Wounds, Financial Trauma, and Poverty cut deep and can exist in families, cultures, and communities for generations. The symptoms are all-encompassing. They can look like chronic mental or physical health conditions, deep pervasive shame and blame, feeling less than and having a scarcity mindset, anxiety, depression, or PTSD, toxic relationships, bill avoidance, over-spending, over-working, or the inverse of it all and feeling frozen, in isolation, or never enough. Our culture and societal conditioning then re-traumatizes us as we are taught to hustle hard and work ourselves into burnout. This reinforces the unworthiness we already feel about money and lowers our worth as a human. These wounds profoundly change how we show up in the world. And since our culture is obsessed with money, being a celebrity, and “having it all”- the cards seem to be stacked against us in healing these wounds. Oh, and money wounds are often never talked about." Excerpt from article

8 Ways to Build Your Financial Self Esteem

By Tim Lemke

"If you're struggling to make ends meet, or are crushed by debt, it's not a great feeling. It's easy to feel despondent when you can't seem to get ahead financially. But don't get discouraged! If you make the right choices, things will come together for you and your money. There are many small things you can do to make yourself feel better about your financial situation.

Try a few of these ways to give your financial self esteem a boost. Positive things will snowball from there."

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